Tenobas
18 Feb 2016
Re: LOW P/E Hi,THEY ARE VERY DIFFERENT COMPANIES, ONE AN IMPORTER THE OTHER A GROWER AND FOOD MANUFACTURER, ONE ON A P/E OF 6 AND THE OTHER ON A P/E OF 12.I ALSO AM THINKING ABOUT BUYING.
glasgowboy
03 Feb 2016
LOW P/E Hi EVERYONE I AM THINKING OF INVESTING HERE OR TOTAL PRODUCE WHILST I NORMALLY LIKE PE RATIO TO BE SAY LESS THAN 12 THE PE RATIO FROM WHAT I CAN GATHER IS AROUND 5 OR 6 THIS WORRIES ME AS SEEMS RATHER TOO LOW, ANYONE ANY THOUGHTS PLEASE ANY HELP WOULD BE WELCOME I DO LIKE THE FACT THAT THE CHAIRMAN SEEMS TO HAVE A FEW MILLION OF HIS OWN MONEY INVESTED ALWAYS A GOOD SIGN
CASTLEFORD TIGER
02 Feb 2016
trading update overdue Still very tough out there.no easy buck dealing with Tesco and the like.Views please?tiger
II Editor
07 Dec 2015
NEW ARTICLE: 10 of the best high-yield growth shares "Investors with a knowledge of stockmarket folklore will doubtless be aware that this week marks the start of the St Leger Festival at Doncaster racecourse. The old adage to "sell in May and go away, stay away till St Leger Day", is a myth that ..."[link]
thirty fifty twenty
08 Oct 2015
Re: nearly 5% yield and some progress Hi WSagree that the results were a little disappointing,it is obviously a tough market place, and I am working on the assumption that can make 3 steps of progress for every 2 set backs....they realise all they have to do is match cost with supply volumes,they make some positive noises re market stability,and hopefully the fixed margin gives them better profit visibility.I assume as well that the mgt team have the drive to take bigger share of the industry over time,that rationalisation etc.. 9 as with factory closure) will lead to costs and exceptionals,but over a 5 year period I reckon they will hit a sweet (potatoe)??) spot at least once,and in the meantime there is a comfortable c.5% divi (F) at current levels and reducing debt.All IMHO, DYOR + BoLPIL is in my portfolio
winningstreak
08 Oct 2015
Not sure I feel not too sure about the planned closure of the packaging plant in Kentas a result of reduced output due to a fixed margin agreement with a large supermarket chain. Why should the margin-agreement result in reduced output? WS
Tenobas
07 Oct 2015
Interesting T.A. Ahead of the results tomorrow.
CASTLEFORD TIGER
11 Sep 2015
Re: Product recall costly Agree its a poor statement and no guidance. Trying to keep lenders happy?Best avoided for now until its all sorted.( is my opinion )Tiger
winningstreak
11 Sep 2015
Product recall costly Today's RNS's makes me feel somewhat uncomfortable. I fear the costof the Product Recall is going to be much higher than anticipated. If the cost were to be not exceeding £1m, then surely that figure could have been mentioned today as a form of assurance.ws
winningstreak
26 Jun 2015
Re: more bad news TIGER - Sorry, I have neglected to look up the chat-site for some time. Re your last message, I would like to say that even if 14p were to be thecase, then next year 28p could easily be the case. Perhaps best thinkof 25p on average, rising to 30p on average, rising to 40p on averageand so on over the years ahead.I reckon management is on the ball, hard nosed and well capable to deal with the variables of crops and prices which are part and parcel of this type of business.IMHO,ws
CASTLEFORD TIGER
14 May 2015
Re: more bad news Therefore the question is can they make 18p?If its 13 or 14p then we are fairly valued.I highlighted this on my watch and its halved in price since..........interested because our business is similar.tiger
winningstreak
14 May 2015
Re: more bad news Tiger - Short term upside 180p, IMO. I base this on 10 X 18p estimated EPS,at which there is still a handsome dividend yield of 4% (based on forecast dividend of 7.2p for current year). Your debt concern should be countered by PIL's healthy cash flow.But generally, do not invest where you feel uncomfortable, no point in feelinguncomfortable.Cheers,ws
CASTLEFORD TIGER
14 May 2015
Re: more bad news Net debt increased to £26.63m (2013: £21.35m) but this still leaves sufficient headroom in facilities available. This increase was due largely to the acquisition of Jersey Royal and will decrease by the year end as stocks of both potatoes and daffodils are consumed.that's THE WORRY LINE FOR ME........especially the last line.75% of market cap as debt is high.Its also 5 years earnings.If they make 18p rated at 8 x earnings can you see upside?Growing and being at the hands of the weather frightens me..........For now I remain on the side lines.Jersey crop has made big money till this week so that should have helped.tiger
winningstreak
14 May 2015
Re: more bad news Tiger - Product recall won't be cheap, but shall not be the end of the world either.Current profit forecast stands at £7.3m Pre-Tax. Quite possible for this to be reducedto £6.5m, thus taking down EPS from 20.4p (forecast) to around 18p. Won't - in myview - damage Dividend pay-out, which currently stands forecast at 7.2p for currentyear - yielding 5.2% at share price 138p. (Source of figures: Morningstar Website).IMO,ws
CASTLEFORD TIGER
13 May 2015
more bad news not sure it should fall 12% tho.Still nervous about full year figures.tiger
